Basic Salary-esi & Pf - Xls Download

thanx pawan
it was really helpfull
and Hari
frankly speaking ESI department itself is too lethargic in processing claims
If you are handling ESI employees than you must have faced all the things
We have to wait till 1yr to get ESI cards and again they have lost all the photos of the employees
by one yr very few employees stay in the same office as far as crew members are concerned
and PF
i am struggling from last one yr to get my PF from the last organisation
I have to ask for every single sign by calling up in the PF deptt personaaly
its still under process
I am not thinking negative abt PF and ESI boards
But something has to be done to speed up the process

hai Madhumita,
ESI cards shuld get with in 15 days from date of submition.
PF shuld get with in 45 working days from date of submition of your application. other wise will complain about this to HODs with direct appointment. check this. ok
with cheers
Pawan

The same problem was faced by us. We tried the following.

If you want to deduct less EPF, it is possible as only basic + DA amount is taken for EPF. Put the remaining as other allowances.

In case of ESIC, only medical and washing allowance is exempted. So you can make these two allowances to a decent amount and the ESIC inspectors who visit your establishment cannot have any objection. Your staff can get maximum inhand salary.

Secondly, you can also give incentives once every three months. Any amount payable beyond once in three months does not attract ESIC. So you can mention their salary per month as Ras.2500 to 5000/- and show the remaining as incentives paid once in three months.

Thirdly, you can pay as reimbursement of conveyance, with little change in figure every month (eg. Ras.975 in one month, Ras.1025 the next month).

However, you may pl. note that, ESIC offers good benefits as well. Employees will realise only when some death or accident happens. Only difficulty is the procedures that are little irritant.

shiva, can we take base salary i.e. Basic+DA as 30%
so that the PF is calculated only on basic?

Hi All,
I need to know how to calculate ESI and PF for ppl is the salary range of 7500/- and below. The only deduction I have is ESI and PF. What is the current percentage on both of these. Please help. Thanking you.

Hi shirley,
Current percentage of ESI contribution is 1.75 % for employee & 4.75% for employer.
For PF 12% for employee & 13.61% is for employer (12 % PF & 1.61% as an Admin Charges = 13.61)
ESI calculates on Gross salary of employee.
PF calculates on Basic salary of employee.
Regards,
Smita

Hey,
Gud one.......Can u plz suggest the proper salary structure by law???.....The Breakup of all segements plzzz.

Dear Madhumita,
I just read ur message. now its so long days. hope u overcome ur problem regarding ESI PF. Now i ma facing the same problem. i expect ur opinion or suggession. I dnt like ESI PF facilities cause i saw Employer and employes both can not be benifited in that case. I did my MBA(HRD+Marketing). I belive the laws regarding HR mostly to cheat both. I also like to provide the best facilities with almost all facilitis as ESI & PF.and I can provide them maximum CAsh in hand. any way i expect ur opinin. Plx reply.
Binay
Kolkata

i want best salary structure for Rs. 10,000/- pm salary. Friends kindly revert with best possible solutions .

Hi JOhn,
I have gone through the salary structure provided, but it seems to be not correct. because as per ESI act, deduction is to be calculated on gross salary. but in excel sheet you have done the calculation on gross and Employer EPF contirbution. Moreover reimbersuments are not included. Can u claify on this.
Regards,
Navin